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    GGS   DE0005156004

GIGASET AG

(GGS)
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PRESS RELEASE : Ralf Lueb announced as SVP Sales at Gigaset: Former VP Sales will take over the global management of Gigaset's sales activities

06/28/2021 | 10:31am EDT
DGAP-News: Gigaset AG / Key word(s): Personnel 
Ralf Lueb announced as SVP Sales at Gigaset: Former VP Sales will take over the global management of Gigaset's sales 
activities 
2021-06-28 / 16:29 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Press release 
Munich, June 28, 2021 
Ralf Lueb announced as SVP Sales at Gigaset 
Former VP Sales will take over the global management of Gigaset's sales activities 
Ralf Lueb (49), previously VP Sales at Gigaset, will take over overall responsibility for Gigaset's global sales 
activities in around 56 countries worldwide as SVP Sales from July 1^st, 2021. Lueb succeeds Michael Grodd (64), who 
has held the role of Gigaset's SVP Sales since December 2015. 
Ralf Lueb will take over as SVP Sales for the German telecommunications manufacturer from July 1^st, 2021. The focus of 
his activities will be on expanding growth in established markets, further internationalization and the development and 
establishment of new sales channels and customer segments. In this context, Lueb sees the topics of B2B and eCommerce 
as being of particular importance. 
Ralf Lueb has many years of management and leadership experience in comparable functions in the industry-related 
environment of Gigaset. The Westmünsterland native was most recently responsible for sales in Germany, UK, Austria, 
BeNeLux and the CEE region as VP Sales since October 2017. Prior to that, he spent 16 years with the Siemens Group, 
where he held various management positions. He then spent eight years as Vice President Industrial Services in the Atos 
/Unify Group. 
With the handover of sales management from Michael Grodd to Ralf Lueb, there is not only a generational change within 
the company, but Gigaset is also aligning itself even more specifically to the market, the requirements of its retail 
partners and the massive changes in the entire market environment. 
"Mr. Lueb has proven himself during the last years in the company and recommended himself for the position through 
performance. Thanks to his many years of experience in the industry, we are gaining a knowledgeable and strong sales 
manager for our internationally active company," says Klaus Weßing, CEO and Chairman of the Executive Board of Gigaset 
AG. 
Ralf Lueb looks forward with motivation to the challenges that lie ahead of him. For the qualified electrical engineer, 
it is not only a matter of continuing to build on the successful developments of the last few years that have been 
realized in the German business and at the same time strengthening all the other regions of the company, but at the 
same time above all of further developing the product portfolio and offering coordinated and attractive solutions for 
end customers and channel partners alike. 
"We are aware of the challenges that lie ahead," says Lueb. "We want and need to grow. In doing so, we need to 
intensify our online business in particular, despite our long-standing, successful and strong relationships with the 
stationary trade. At the same time, I see the opportunity, especially in the Professional (B2B) product area in the 
context of the fast-growing cloud business with telephone systems, to provide suitable end devices as well as 
multi-cell DECT business and solutions with our products and thus realize sustainable growth. This is also illustrated 
by our recently intensified partnership with Atos/Unify." 
Gigaset, a German company with a long tradition in the field of telecommunications technology, looks back on a history 
of more than 170 years full of innovations. The company has been developing and manufacturing in Bocholt, Germany since 
1941. The business areas range from Phones, Smartphones and Smart Home to Professional. Ralf Lueb's task will also be 
to gradually shift the sales mix from the core business with DECT cordless phones (Phones) to the growth areas. In this 
context, new sales regions must also be developed. A central topic here is the product area of smartphones. 
Michael Grodd, who as Chief of Staff Special Projects will continue to report directly to Klaus Weßing. His task is to 
support Ralf Lueb in various sales topics and to push special topics. "We would like to thank Mr Grodd for his tireless 
efforts over the past years and the results achieved in turbulent times," says Klaus Weßing. 
Press Pictures of Mr. Lueb can be found here. 
 
Gigaset AG, Bocholt, is an internationally operating company in the area of communications technology. The company is 
Europe's market leader in DECT telephones and is also a leader in the international arena, with around 900 employees 
and sales activities in around 56 countries. Its business activities comprise not only DECT phones, but also an 
extensive smartphone portfolio, cloud-based smart home applications, and business telephony solutions for SME and 
enterprise customers. 
Gigaset AG is listed in the Prime Standard of Deutsche Börse and is therefore subject to the highest transparency 
requirements. Its shares are traded on the Frankfurt Stock Exchange under the symbol GGS (ISIN: DE0005156004). 
Visit our Corporate Blog 
Follow us on: Facebook | Instagram | Pinterest | YouTube | Twitter | Xing | LinkedIn 
Visit our homepage http://www.gigaset.com 
=---------------------------------------------------------------------------------------------------------------------- 
2021-06-28 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      Gigaset AG 
              Frankenstr. 2 
              46395 Bocholt 
              Germany 
Phone:        +49 (0)89 444 456 866 
Fax:          +49(0)89 444 456 930 
E-mail:       info@gigaset.com 
Internet:     www.gigaset.com 
ISIN:         DE0005156004 
WKN:          515600 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1212857 
 
End of News   DGAP News Service 
=------------ 

1212857 2021-06-28

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1212857&application_name=news 
 

(END) Dow Jones Newswires

June 28, 2021 10:30 ET (14:30 GMT)

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Sales 2021 231 M 271 M 271 M
Net income 2021 -8,50 M -9,95 M -9,95 M
Net Debt 2021 81,6 M 95,6 M 95,6 M
P/E ratio 2021 -6,13x
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